TAMPA, Oct. 2, 2012 – Jones Lang LaSalle (NYSE:JLL) today announced that it has negotiated a long-term lease for Gunster, a Florida law firm that recently entered the Tampa Bay market. Gunster will occupy 14,298 square feet of Class A office space at SunTrust Financial Centre, marking the firm’s first permanent office in the area. Sharon Bragg, Vice President at Jones Lang LaSalle, represented the landlord in the transaction.
“New business in the Tampa Bay area is a big win for the market, resulting in positive absorption and new corporate blood,” said Bragg. “We are proud to welcome Gunster and are pleased that we’ve been able to accommodate their office needs at SunTrust Financial Centre.”
Acquired in December 2011 by an affiliate of the commercial real estate firm, The Brookdale Group, the 36-story, 527,000 SF, Class A office building is 86 percent leased. Designed by US-based firm Cooper Carry, the building is leased exclusively by Jones Lang LaSalle and managed by Means Knaus Partners. In 2010 and 2011, the building was designated the “Outstanding Building of the Year” by the Building Owners and Managers Association’s Tampa Bay chapter. It is located at 401 East Jackson Street in Tampa’s Central Business District.
Greg Katz of Studley, Inc. represented Gunster in the transaction.
“Gunster is excited about expanding to the Tampa Bay area,” said H. William Perry, Gunster’s Managing Shareholder. “The addition of local high-quality attorneys is Gunster’s first step in developing a full-service presence in Tampa Bay and marks the beginning of a larger growth plan for the west coast.”
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47 billion of assets under management. For further information, please visit www.joneslanglasalle.com.
Established in 1925, Gunster is a full-service Florida law firm with ten offices around the state providing counsel to leading businesses and individuals. Our statewide presence and culture reflect the firm’s status as Florida’s law firm for business. Gunster serves clients from its ten offices including Fort Lauderdale, Jacksonville, Miami, Palm Beach, Stuart, Tallahassee, Tampa, The Florida Keys, Vero Beach and its headquarters in West Palm Beach. With more than 165 attorneys and 200 committed support staff, Gunster is ranked among the National Law Journal’s list of the 250 largest law firms.